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the serious negotiations and that president -- the president has put forth an offer and speaker john boehner has put forth that offer. the fact that this is rejected is to be expected but it is testing ground. we have seen that between them have gone through this process. i believe we will get there. both sides so that we cannot win are refusing to compromise. we both have our right to be here and we have countered with some revenue in places. we want to see what the president will do in terms of cuts. where are concerned about the deficit. i believe we will get there. i really do. >> you are a perennial optimist. you make everything seem sunny. we are at a stalemate. republicans do not want to raise taxes and democrats to know what to -- do not want to cut spending. >> the president has the political upper hand. if nothing happens, the tax rates do expire as is and they go up and the sequestration of takes place. he can vote -- publicly blame that on republicans to. he would have the upper hand. policy-wise east as -- he has to combat and ask for an increase in the debt ceiling. he knows th
the serious negotiations and that president -- the president has put forth an offer and speaker john boehner has put forth that offer. the fact that this is rejected is to be expected but it is testing ground. we have seen that between them have gone through this process. i believe we will get there. both sides so that we cannot win are refusing to compromise. we both have our right to be here and we have countered with some revenue in places. we want to see what the president will do in terms...
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john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not like raising the eligibility age for medicare. so there are other things that happen? can we scale back the generosity of the obama care subsidies? can we start means testing in additional ways in the medicare program? they have to get creative. >> they got it to get creative, zachary. this comes at the busiest time of the year for retailers and businesses. have you noticed any signs at this point that consumers are at all holding back this holiday season fearing we may go over the so-called fiscal cliff? >> there's a lot of news reports on consumers ho
john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not...
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the white house is beginning to notice and now believe there is a deal boehner can find the stroets pass it. >> an idea what's really at stake. rebecca jarvis has a look how the government spends money and how it could spend less. rebecca rebecca, good morning. >> reporter: good morning. >> the question comes up in terms of the money that we're talking about in raising the rate. how much is it that the republicans are objecting to? >> if you look at that $250,000 number, if you were to raise taxes on everybody making $250,000 or more in the country that would raise about $700 billion in revenue over the next ten years. that's a drop in the bucket compared to our $16 trillion debt, our $1 trillion deficit, and so what a lot of people are saying, and argues when they look at this situation is if you're really going to be serious about deficit reduction it can't just be about taxes. it has to be about spending cuts, too. >> on that point of spending it's always important to remember, where do we spend money in the federal budget jt you've put together to remind us exactly where do we spend
the white house is beginning to notice and now believe there is a deal boehner can find the stroets pass it. >> an idea what's really at stake. rebecca jarvis has a look how the government spends money and how it could spend less. rebecca rebecca, good morning. >> reporter: good morning. >> the question comes up in terms of the money that we're talking about in raising the rate. how much is it that the republicans are objecting to? >> if you look at that $250,000 number,...
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. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >> what's mood inside the conference. >> very united, very supportive with the speaker. >> multiple sources tell cnn in a private meeting with house republicans, boehner got no flow back for producing $800 billion in tax revenue, despite backlash from conservative groups outside congress. >> any complaints about this new revenue? >> i didn't hear anything. >> the speaker has full support of the conference to move forward and get something done for the american people. >> so far, rank and time republicans are allowing boehner to play out this showdown, trying to look reasonable while the president is intransigent. especially si
. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >>...
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. >> that's about right. >> 65 is where boehner checks in. we were talking about boehner in the last segment. what lawrence is saying is true. it's not boehner's fault he's a weak speaker, but he is an incredibly weak speaker. there's that thing in the times saying maybe they're coming around. i don't think they're coming around at all. the problem is the republican party is driven by this sort of conservative movement more now than ever before in the last couple of years. boehner is a little more old school in that. he came to congress in 1990. he was sort of a reformer and teamed up with democrats, he was more pragmatic and climbed into the leadership and fell out and climbed back in. he was next in line for the leadership when the tea party thing happen. the story of his speakership is the tea party conservatives are waiting for the minute he sells them out. he hasn't sold them out yet. >> it's like the tail wagging the dog. >> he doesn't exercise any p power. this is a test this month. he's waiting this out and looking to have enough cred
. >> that's about right. >> 65 is where boehner checks in. we were talking about boehner in the last segment. what lawrence is saying is true. it's not boehner's fault he's a weak speaker, but he is an incredibly weak speaker. there's that thing in the times saying maybe they're coming around. i don't think they're coming around at all. the problem is the republican party is driven by this sort of conservative movement more now than ever before in the last couple of years. boehner...
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the call unlike the night when president obama called john boehner on election day and john boehner didn't answer his call. i think that you have to have both parties willing to engage with each other and talk to each other. looking back at the 1980s, for example, when ronald reagan was president and tip o'neill was speaker of the house, they didn't agree but they sit down and talk and negotiate and compromise and today's republican party so hijacked by the right wing they're incapable of agreement. >> let's put aside the right wing here. we know that speaker boehner purged some of those seen as not being team players within his own party and we'll discuss the fact he's taken a hit for that. beyond the right wing or whatever you have numbers. you have exit polling. you have pew research poll that shows where the american people stand. if all of the people are there to represent us, meaning the people who are watching right now and the panel included here, we are all americans, we pay taxes, then why isn't this work getting done? >> well, just look at speaker boehner's fiscal cliff p
the call unlike the night when president obama called john boehner on election day and john boehner didn't answer his call. i think that you have to have both parties willing to engage with each other and talk to each other. looking back at the 1980s, for example, when ronald reagan was president and tip o'neill was speaker of the house, they didn't agree but they sit down and talk and negotiate and compromise and today's republican party so hijacked by the right wing they're incapable of...
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. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday, this as the impasse here on capitol hill continues and the nation waits. social security workers marched outside their office in baltimore wednesday. they're protesting the government spending cuts due to kick in at the end of the year as part of the fiscal clear. >> we don't want to see our public hurt in any way. >> just down the road in washington, d.c., the standoff continues. house speaker john boehner says he's still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> i'm going need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spok
. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members of congress are heading out on a long weekend, not to return till tuesday, this as the impasse here on capitol hill...
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rejected boehner's deal. it's hard to see how boehner will get a different outcome this time around. eric cantor looking right over his shoulder. you could make the argument that cantor is the big player who is not in the room. because if boehner does a deal with the president and goes back and tries to get the republicans to vote for it in the house and cantor says no, where are we? the president, calm, cool and collected and remembering what this election is all about. get your cell phones out. tonight's question. will republicans punish e speaker boehner for trying to work with the president? text a for yes, b to no to 622639. we'll bring the results later on in the show. joining me tonight is congressman emanuel cleaver from missouri. great to have you with us. >> good to be with you. >> i'd like to talk about the congressional black caucus if i could. they have been very, very strong about do not touch the entitlements, we're not going to move on this. so you have the president not moving on rates. you h
rejected boehner's deal. it's hard to see how boehner will get a different outcome this time around. eric cantor looking right over his shoulder. you could make the argument that cantor is the big player who is not in the room. because if boehner does a deal with the president and goes back and tries to get the republicans to vote for it in the house and cantor says no, where are we? the president, calm, cool and collected and remembering what this election is all about. get your cell phones...
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but we've already hurt the economy and hurt -- >> are you with boehner? >> i'm not with boehner. this guy doesn't need more money. >> we doubled spending. >> well, we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise, as far as taxes are concerned. >> well, how we go about tax reform, there's a lot of room to work together. >> lower the rats. i'm not sure where the democrats are. th they have not offered the plan. >> they keep the bush tax rates. the top two percent let them go from 35% to 39.6%. >> it's incredible to me we're already talking about it. it runs the government for five or six days. >> but at the beginning, every billionaire winds up being real money. >> but the president has known about this so-called cliff for over a year. and it's yet to present a plan that reduces our deficit. i'm willing to work with anyone who's willing to put a plan on the table. but our party, or anyone, should not
but we've already hurt the economy and hurt -- >> are you with boehner? >> i'm not with boehner. this guy doesn't need more money. >> we doubled spending. >> well, we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise, as far as taxes are concerned. >> well, how we go about tax...
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now, house speaker john boehner is putting all the blame on president obama. he's upset that the white house quickly rejected boehner's plan. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. none of it is going to be possible. the president insists on his position. insists on my way or the highway. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states hardest hit say the money is just a start. with the fiscal cliff looming the staff is sure to face some resistance on capitol hill. >>> he spoke at this year's democratic national convention as an independent, but now former republican florida governor charlie crist is a proud democrat. crist posted a twitter photo friday showing his registration papers tweeting that he's proud and honored to join the party in the home of president obama. crist ran for the u.s. senate as an independent in 2010, but was defeated by marco rubio. some are speculating this move is in preparation for another
now, house speaker john boehner is putting all the blame on president obama. he's upset that the white house quickly rejected boehner's plan. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. none of it is going to be possible. the president insists on his position. insists on my way or the highway. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states...
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boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going to be possible if the president insists on his position. insists on my way or the highway. >> you hear what he said? a lot of things are possible. that may not sound like much where you're from, but here in washington, it sounds suspiciously like code for we're making progress. more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what we want to do is protect the middle class. so it's not about the rate. it's about the money. >> so is 37 the magic number in this fiscal cliff debate? "outfront," two men who know taxes very well. douglas holtz-ekin, president of the american action forum and robert reich from the university of california
boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there are a lot of things that are possible. to put the revenue the president seeks on the table. but none of it's going to be possible if the president insists on his position. insists on my way or the highway. >> you hear what he said? a lot of things are possible....
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how far does the president have to go to give boehner something that helps boehner go to his caucus and say let's just do our deal. >> you want someone to be singing "i'll be home for christmas." >> there you go. >> first, it's nice to see you in d.c. >> it's a great pleasure. >> we have this little bubble of optimism in the conventional media the past few days. although they're talking, they're not saying much, there must be progress, but we still have a fundamental divide here. the president says rates have to go up. he doesn't want to trade the debt ceiling for anything. he thinks that should be separate. and boehner put out a proposal saying we'll raise invest knews but we're going to lower rates. won't specify, as you noted earlier. there seems to be in the staff level at least not much progress, any progress, being made. i have to believe the fundamental dynamic is still the same, that boehner is going to have a hard time convincing more than half of his caucus, even half of his caucus, to support something that really gives the president a lot in terms of revenue cuts and doesn't
how far does the president have to go to give boehner something that helps boehner go to his caucus and say let's just do our deal. >> you want someone to be singing "i'll be home for christmas." >> there you go. >> first, it's nice to see you in d.c. >> it's a great pleasure. >> we have this little bubble of optimism in the conventional media the past few days. although they're talking, they're not saying much, there must be progress, but we still have a...
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boehner. no details are announced tonight. some see as good news. the co-creator of a debt reduces plan sees progress. >> any time you two guys in that tangoing, you have a change to get done. >> reporter: before the talk, some republicans were admitting the president will get a lot of what he wants. >> let's face it, he has the upper hand on taxes. you have to pass something to keep that from happening. >> reporter: why the compromising words? the white house moderated some demands. the president say s tax rates fr the wealthy have to rise but now word that the actual rate could be negotiable. maybe not all the way back to 39.6%. >> will i accept a tax increase as a deal to solve problems? yes. >> reporter: those problem, according to republican, entitlement. and today, a leading democrat embraced the way to cut medicare cuts. means testing. those who make more would have to pay more for medicare. >> those of us with higher income in retirement should pay more. that could be part of a solution. >> reporter: the speaker feeling the heat from his rig
boehner. no details are announced tonight. some see as good news. the co-creator of a debt reduces plan sees progress. >> any time you two guys in that tangoing, you have a change to get done. >> reporter: before the talk, some republicans were admitting the president will get a lot of what he wants. >> let's face it, he has the upper hand on taxes. you have to pass something to keep that from happening. >> reporter: why the compromising words? the white house moderated...
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boehn boehner's position is we've given you our plan and now for you, mr. president, to come back with what you're willing to do and probably not in a way we're aware of and sutd l calls between, you know, negotiators for the president and the congressionalç republicans. whether the out ho house is in session only matters with a deal and manager to vote on. look. just because things are bogged down and in the standoff mode right now doesn't mean all is lost. it just means we don't know for sure that any progress is being made. >> there's another item here that i cannot let the segment end without addressing. critical both for us and the country. let's take a look. >> stop insta-gramming your breakfast and tweeting the first world problems and getting on youtube to see gangnam style. ♪ and start using those precious social media skills to go out and sign people up on this baby, three people a week. let it grow and don't forget, take part or get taken apart. boy, these old coots will clean out the treasury before you get there. >> that's alan simpson with
boehn boehner's position is we've given you our plan and now for you, mr. president, to come back with what you're willing to do and probably not in a way we're aware of and sutd l calls between, you know, negotiators for the president and the congressionalç republicans. whether the out ho house is in session only matters with a deal and manager to vote on. look. just because things are bogged down and in the standoff mode right now doesn't mean all is lost. it just means we don't know for...
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i say to my friend john boehner you control matters on the floor, no one else does. you have the ability and you're the only one that has the ability to put this on the floor for a vote. he should do that. that would be the american way. >> house speaker john boehner and senate majority leader harry reid on the fiscal cliff standoff. "the new york times" reporting gop leaders are considering extending tax cuts for the fiscal class to avert the fiscal cliff but if that is the case republicans are staying very tight lipped about it. joining me is senator ben carden from maryland a member of the budget committee and the committee on finance. good to have you here and you have said one thing you want from these talks is to show the markets and to show leaders, that leaders have the situation under control there, in your estimation, how would you say that's going so far? >> well predictability is very important. i think the first step is exactly what leader reid said. if we can get predictability on the taxable income below $250,000, everyone knows that's under current ra
i say to my friend john boehner you control matters on the floor, no one else does. you have the ability and you're the only one that has the ability to put this on the floor for a vote. he should do that. that would be the american way. >> house speaker john boehner and senate majority leader harry reid on the fiscal cliff standoff. "the new york times" reporting gop leaders are considering extending tax cuts for the fiscal class to avert the fiscal cliff but if that is the...
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president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that
president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the...
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leaders held press conferences today to update americans on the progress, speaker of the house john boehner says this afternoon that he wants the president declarify how he will cut spending. >> we made a reasonable offer, it is now up to the white house to show us how they are going to cut spending and give us the balanced agreement the president has talked about for weeks. >> meanwhile house minority leader nancy pelosi says republicans need to get real on a solution and says she would like to see medicare and social security kept out of the discussions. >> the back and forth is only useful if it eliminates possibilities. as i have said don't even think about raising the medicare age, we are not throwing americas seniors over the cliff to give a tax cut to the wealthiest people in mish. >> it is likely they will have to work through the holidays to reach a compromise. despite a dip in unemployment and increased spending with consumers, economists say it is the figure fiscal cliff causing that and could bring them into that. when asked about it today the president said, it is still a work
leaders held press conferences today to update americans on the progress, speaker of the house john boehner says this afternoon that he wants the president declarify how he will cut spending. >> we made a reasonable offer, it is now up to the white house to show us how they are going to cut spending and give us the balanced agreement the president has talked about for weeks. >> meanwhile house minority leader nancy pelosi says republicans need to get real on a solution and says she...
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john boehner says there's no progress. does he mean it? we'll hash it out with david gregory, chris cizilla and the campaign to fix the debt. will governor nikki haley appoint stephen colbert to the senate? just imagine the filibuster. the latest with politico's maggie haberman on the impact of jim demint's departure. is there a military solution to counter weapons in syria. the latest from the white house picture gallery. all that and more coming up on "andrea mitchell reports." two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. or treat gas with these after you get it. now that's like sunblock before or sun burn cream later. oh,
john boehner says there's no progress. does he mean it? we'll hash it out with david gregory, chris cizilla and the campaign to fix the debt. will governor nikki haley appoint stephen colbert to the senate? just imagine the filibuster. the latest with politico's maggie haberman on the impact of jim demint's departure. is there a military solution to counter weapons in syria. the latest from the white house picture gallery. all that and more coming up on "andrea mitchell reports." two...
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. >> house speaker john boehner and -- may be willing to take the plunge. doug luzader has more. >> the white house is drawing one line in the sand after another. republicans will give in as we approach the end of the year. >> we can solve this in about a week. it's not that tough. >> the president speaking to business leaders in washington. saying he is willing to make a deal. but his point man on fiscal cliff negotiation struck a much different tone. if republicans don't but specifically tax rates on upper earners the white house is ready to go right over the cliff. >> we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2%. >> largely backs the president on those rates. 48% support the plan to raise them on upper earners compared to 32% of leaving rates unchanged. when it comes to government spending, the gop has the edge. to help balance the budget, spending cuts should take precedence over tax hikes, 46 to 30%. and leaders in congress who met with business leaders say they have already offered to raise tax by
. >> house speaker john boehner and -- may be willing to take the plunge. doug luzader has more. >> the white house is drawing one line in the sand after another. republicans will give in as we approach the end of the year. >> we can solve this in about a week. it's not that tough. >> the president speaking to business leaders in washington. saying he is willing to make a deal. but his point man on fiscal cliff negotiation struck a much different tone. if republicans...
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even though president obama and john boehner chatted by phone, there's no deal. republicans are not amused. >> incredibly many top democrats including the president seem perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two sides will make a deal and have moved to plan b. a retired teacher in utah has put off plans to get a new car. brian chandler, a data manager in atlanta is delaying buying a house despite needing space for a second kid due any day now and several families are shrinking the gift pile beneath the christmas tree this year. how about you? are you prepared if the nation goes off the fiscal cliff? facebook.com/carolcnn. facebook.com/carolcnn. your responses later this hour. >>> it's going to take massive amount of money to help the northeast recover from sandy. some $36 billion in new jersey alone. and now it's governor chris christie pushing the federal government to pick up 100% of that cost. if you are one of the m
even though president obama and john boehner chatted by phone, there's no deal. republicans are not amused. >> incredibly many top democrats including the president seem perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two sides will make a deal and have moved to plan b. a retired teacher in utah has put off plans to get a new car. brian chandler, a...
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direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. >> the rebels gain on assad raising fears he might use chemical weapons. that was enough to frighten the russians into talking with hillary clinton about a political transition. >> the united states stands with the syrian people in insisting that any transition process re -- result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> a tragic turn of events in london. the nurse that first transferred that prank call to duchess cat
direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at...
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Dec 8, 2012
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. >> outfront next, john boehner says the sprt slow walking to the edge of the fiscal cliff. but the house speaker did give us one flash of hope if you listen to his words very carefully. the u.s. is updating its military plans against syria as new intelligence shows assad's regime is loading sarin gas into bombs. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. outfront tonight, the magic number after a whole week of harsh words here in washington and threats to, did house speaker john boehner hint ever so slightly at a compromise today that could finally edge us away from the dreaded fiscal cliff? it comes down to tax rates. this is a huge sticking point in the stalled negotiations between the president and mr. boehner. obama says the top rate on household income above $250,000 should rise from 35% to 39.6%. boehner wants the rate to stay at 35% or even lower. but what about meeting in the middle? around 37%? listen carefully to the speaker when he was asked today whether that rate could be the answer to this impasse. >> there
. >> outfront next, john boehner says the sprt slow walking to the edge of the fiscal cliff. but the house speaker did give us one flash of hope if you listen to his words very carefully. the u.s. is updating its military plans against syria as new intelligence shows assad's regime is loading sarin gas into bombs. and president obama's pot problem. let's go "outfront." >>> i'm tom foreman in for erin burnett. outfront tonight, the magic number after a whole week of...
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the president meeting face to face with speaker boehner yesterday. and talking to our chief white house correspondent basically the status of those discussions is sitting at a stalemate. back in a moment. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i trade. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 ...helps me keep an eye on what's really important to me. tdd#: 1-800-345-2550 it's packed with tools that help me work my strategies, tdd#: 1-800-345-2550 spot patterns and find opportunities more easily. tdd#: 1-800-345-2550 then, when i'm ready... act decisively. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 with the exact same tools, the exact same way. tdd#: 1-800-345-25
the president meeting face to face with speaker boehner yesterday. and talking to our chief white house correspondent basically the status of those discussions is sitting at a stalemate. back in a moment. tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-345-2550 that i haven't even looked away from my screen. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that kind of focus... tdd#: 1-800-345-2550 that's what i have when i...
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Dec 7, 2012
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i think boehner, a lot of us want a big deal. we're willing to put everything on the table. >> including new revenue? >> including new revenue. when we talk about they're going to cut, add revenue, cut expenses, we're running $1.3 trillion a year. we're going bankrupt if we don't figure out how to do this in a big way, and i think boehner wants to get that done. i think he can lead on that. i'm glad they're together. i just don't -- over the years i've been in business, you know, you given the professionals an opportunity to get it done but at the end of the day you get in a room yourself and we're not leaving until it gets done. >> do you sense eric cantor, kevin mccarthy, other leaders will give john boehner the room that he needs to do the deal? >> i do. >> without worrying about having to come back and getting his knees cut out from underneath him? >> they've sent some signals. i don't know it if you've been reading. i'm sure you've seen a loft different things about members but i think they want to get a big deal, a substant
i think boehner, a lot of us want a big deal. we're willing to put everything on the table. >> including new revenue? >> including new revenue. when we talk about they're going to cut, add revenue, cut expenses, we're running $1.3 trillion a year. we're going bankrupt if we don't figure out how to do this in a big way, and i think boehner wants to get that done. i think he can lead on that. i'm glad they're together. i just don't -- over the years i've been in business, you know,...
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we can't negotiate with ourselves. >> the president and boehner spoke on the phone wednesday. republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person here at capitol hill or at the white house there will be no deal without a compromise on taxes. >> i'm obsession to raise taxes is not going to solve the problem. >> timothy gitner said the white house is willing to go over the fiscal cliff if the gop doesn't agree to raise taxes on the top 2% of corners. the parties position seems unchangeable. >> speaker boehner took a position i think the day after the campaign that said we're willing to bring in revenue but not being to take a risk. >> the president said they could reach a deal within a week. >> the white house budget officer is issuing an order to prepare for more than $100 billion in spending cuts in a compromise cannot be reached before the deadline. >>> changes are coming to the national hurricane center's warning system after super storm sandy. it is loosening the criteria to issue
we can't negotiate with ourselves. >> the president and boehner spoke on the phone wednesday. republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person here at capitol hill or at the white house there will be no deal without a compromise on taxes. >> i'm obsession to raise taxes is not going to solve the problem. >> timothy gitner said the white house is willing to go over the...
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Dec 6, 2012
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but boehner as facing a growing backlash among rank and file republicans. some say they will never support tax hikes but others are breaking with the leadership saying they will support the president's demand for an increase on rates on upper incomes. >>> new this morning, more support for a push to crack down on texting while driving in virginia. legislation is in the works that would classify texting behind the wheel as reckless driving. the virginia state crime commission has announced its support for the measure. it is not expected to be taken up until early next year. ext y >>> time now not morning line and everybody is talking about sunday's redskins-ravens game. redskins have lost the last two against baltimore. now, as far as the redskins injuries are concerned, london fletcher sat out of practice yesterday with an ankle injury and left tackle trent williams continues to nurse a deep thigh bruise. deangelo hall is in a boot but it is like lie all of them way play this weekend. back up cornerback cedric griffin is out for the season. he tested positi
but boehner as facing a growing backlash among rank and file republicans. some say they will never support tax hikes but others are breaking with the leadership saying they will support the president's demand for an increase on rates on upper incomes. >>> new this morning, more support for a push to crack down on texting while driving in virginia. legislation is in the works that would classify texting behind the wheel as reckless driving. the virginia state crime commission has...
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Dec 7, 2012
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he says then -- seems to be where boehner is now. raise tax revenue capping deductions, limiting loopholes, not raising tax rates. >> if you listen to the president's entire statement he said as part of a larger tax reform proposal. the fact is you can't get the revenues that are necessary simply by eliminating deductions, unless you want to whack the middle class, and that's not something we can afford to do now. let's also make the point, wolf, that everyone in america will benefit if we extend the tax cuts for, incomes under $250,000. you get the tax cut the first $250,000. but if we're going to deal with the debt problem, we have to do it in a balanced way. raising rates is part of what we need to do. >> one of the things republicans would tell you, when we created the bush tax cuts for everyone, including the wealthy, government revenues went up from 1.8 trillion to 2.5 trillion. >> 2001 and 2003? >> over a four-year period after bush tax cuts were put in place. why not stay with that, keep the economy growing. that's $700 billi
he says then -- seems to be where boehner is now. raise tax revenue capping deductions, limiting loopholes, not raising tax rates. >> if you listen to the president's entire statement he said as part of a larger tax reform proposal. the fact is you can't get the revenues that are necessary simply by eliminating deductions, unless you want to whack the middle class, and that's not something we can afford to do now. let's also make the point, wolf, that everyone in america will benefit if...
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>> i'm not with boehner. this government doesn't need anymore money. this country needs less government. we're going to have historic levels of revenue to the government this year. >> everyone's taxes are going up at the end of the year if there's no deal. >> we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise as far as taxes are concerned? >> how we go about tax reform, there's a lot of room to work together to lower the rates. >> give me an example? >> i'm not sure where the democrats are because they have not offered a plan. >> their plan is to keep the bush tax rates from 2001, 2003 forever. make them permanent. top 2% let them go from 35% to 39.6%. >> it's incredible we're even talking about it because it doesn't solve the problem. >> it's a beginning. >> it runs the government for five or six days. >> but it's a beginning. a billion here, a billion there winds up being
>> i'm not with boehner. this government doesn't need anymore money. this country needs less government. we're going to have historic levels of revenue to the government this year. >> everyone's taxes are going up at the end of the year if there's no deal. >> we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you...
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Dec 12, 2012
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i don't know why john boehner is negotiating this in public. he had a private meeting with the president last week, they spoke by phone sunday night. today he gets out and says he's slow walk it, why is he doing it in public rather than dealing directly with the president and bad-mouthing the white house and saying the president is not really negotiating in good faith basically is what john boehner is saying. bill: maybe that is the case. >> why say that publicly when you're trying to come to a deal with somebody on the other side. bill: that's a fair point. what about that if true. >> let's look at president's record quickly. he's had four years of trillion dollar deficits. he hasn't even had a budget in place. >> not true. >> this president has not done anything to get our fiscal house in order. >> that is not true. that is just not true. >> it is true. >> he's offered to cut -- >> let's be clear by his cuts. his cuts are for five and ten years from now. we can't even make cuts that he said would happen in a year. on sequester he said it wasn
i don't know why john boehner is negotiating this in public. he had a private meeting with the president last week, they spoke by phone sunday night. today he gets out and says he's slow walk it, why is he doing it in public rather than dealing directly with the president and bad-mouthing the white house and saying the president is not really negotiating in good faith basically is what john boehner is saying. bill: maybe that is the case. >> why say that publicly when you're trying to...
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even so, the president extended the invitation to boehner friday after boehner, for the first time in a press conference, publicly at least hinted he might be open to raising the top income tax rates on the top 2% of american household income earners. that may have cleared an opening for the president and boehner if that did, in fact, happen, we'll know in the very near future. for "cbs this morning," major garrett, the white house. >> major garrett, thanks. early this morning we heard general electric chairman and ceo jeff immelt call on speaker boehner to, quote, take the heat and get republicans to support a compromise on the fiscal cliff. immelt knows about something about taking the heat. in our interview friday, he spoke at length about the consequences of not making a deal. and for those who say we can go over the fiscal cliff and it might not be such a bad thing, you say? >> i say there are people that don't have anybody that works for them. you know, in other words, we haven't been on this for two weeks or two days or two months. we've been working on this for 2 1/2 years. wh
even so, the president extended the invitation to boehner friday after boehner, for the first time in a press conference, publicly at least hinted he might be open to raising the top income tax rates on the top 2% of american household income earners. that may have cleared an opening for the president and boehner if that did, in fact, happen, we'll know in the very near future. for "cbs this morning," major garrett, the white house. >> major garrett, thanks. early this morning...
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. >> so that was speaker boehner obviously flanked by republicans. we'll get you that sound bite from the president because i want to make sure you hear both sides. here is the question i'm hearing people ask. if we go off the cliff here, how big of a hit will we take on taxs? stand by because i'm good to give you the closest answer i possibly can. to help me with that is laurie montgomery, the fiscal policy reporter for the washington post. so, laurie, welcome to you here. and your paper this morning, you ran through a couple of tax scenarios which were pretty palletable so we want to show our view whaeers what you ran through. let me run through two. we'll look at this first one. so everybody take a look at this graphic. this is scenario number one, married couple, two kids, one in college, combined income of $137,000. you see the numbers here first under the democrats' plan, passed by the senate, not by the house, they would see their taxes rise 2500 bucks a year. just below that, the republican plan, passed by the house in august, would raise the
. >> so that was speaker boehner obviously flanked by republicans. we'll get you that sound bite from the president because i want to make sure you hear both sides. here is the question i'm hearing people ask. if we go off the cliff here, how big of a hit will we take on taxs? stand by because i'm good to give you the closest answer i possibly can. to help me with that is laurie montgomery, the fiscal policy reporter for the washington post. so, laurie, welcome to you here. and your paper...
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Dec 6, 2012
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you have been critical of house speaker john boehner and what is on the table. what he put to the table, $800 billion of tax deduction and closing loopholes already. what do you say to people who say listen, the president won re-election. the republicans have to do something to get a deal? >> we don't have a revenue problem. government doesn't need to take more money out of the economy to give stoit incompetent politicians and bureaucrats. that won't make the middle class or anybody better off. look at obama's policies played out at the state level, greece, all over the world. there is no place they are working or have ever worked. but you can point to states where governor like scott walker or john kasich or rick scott are employing the conservative principles and they are attracting businesses and creating jobs. o'reilly did a great segment comparing texas and california. that is what i want to do with heritage, showcase successes we are having. to republicans concede we need more revenue in the context of not reforming entitlement or the tax code and the pres
you have been critical of house speaker john boehner and what is on the table. what he put to the table, $800 billion of tax deduction and closing loopholes already. what do you say to people who say listen, the president won re-election. the republicans have to do something to get a deal? >> we don't have a revenue problem. government doesn't need to take more money out of the economy to give stoit incompetent politicians and bureaucrats. that won't make the middle class or anybody...
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>> what's changed from the last debacle speaker boehner has more room within his own ranks. the republicans have done away with the feeling they have to oppose the president because the election is coming and they want to deny him a big victory. there's more room to let the taxes go up if he can get a bigger return on cutting medicare. that's what conservatives want, they come out publicly on "morning joe" saying that we should do that to get a bigger deal, that's part of what's going into the negotiations. the question is whether the president is willing to give up on that. lot of liberals don't want to give too much in the way of medicare cuts. >> one of speaker boehner's guiding principles, being for republicans and conservatives at large raising taxes is not good for the economy. how does speaker boehner go back to his caucus and say i got a good deal even though we did raise taxes on the top earners? >> it come backs to saying what we've been able to do is deal with the spending problem in a dramatic way, deal with entitlement cuts in a dramatic way and lay a framework
>> what's changed from the last debacle speaker boehner has more room within his own ranks. the republicans have done away with the feeling they have to oppose the president because the election is coming and they want to deny him a big victory. there's more room to let the taxes go up if he can get a bigger return on cutting medicare. that's what conservatives want, they come out publicly on "morning joe" saying that we should do that to get a bigger deal, that's part of what's...
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. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying to connect with our generation in a different way using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grassroots campaign wants to sign up more than 2 million people to push pres
. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders...
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speaker boehner countered with another offer. and lawmakers were expressing pessimism that a deal was close leading kevin mccarthy to say, i think it is getting worse and not better. stock futures are higher as investors wait for news on whether the federal reserve will announce a new stimulus plan today. regulators have launched three rounds of quantitative easing since the crisis hit. ben bernanke will be held in news conference and you could hear live right here on c-span radio. those are some of the latest headlines on c-span radio. [video clip] >> the white house was very controversial. l'enfant designed washington city. there was a competition and he submitted the design for a palace. americans were not having a palace. it was not particularly awe- inspiring. in fact, in 1821, a european diplomat told the congress that it was neither large nor awe- inspiring. but the answer the congressman gave said the building served its purpose. if it were larger and more elegant, perhaps some president would be inclined to become its pe
speaker boehner countered with another offer. and lawmakers were expressing pessimism that a deal was close leading kevin mccarthy to say, i think it is getting worse and not better. stock futures are higher as investors wait for news on whether the federal reserve will announce a new stimulus plan today. regulators have launched three rounds of quantitative easing since the crisis hit. ben bernanke will be held in news conference and you could hear live right here on c-span radio. those are...
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house speaker boehner's countdown led to the lighting of the capitol hill christmas tree last night. >> three, two, one. >> reporter: but washington is counting down this month to the dark unknown of the fiscal cliff. >> thanks for having me. >> reporter: on his first view sbr interview on the fiscal cliff, he rejected john boehner's proposal. >> unfortunately the speaker's proposal is out of balance. >> reporter: raising taxes on households earning more than $250,000. >> we'll have to see the rates on the top 2% go up. we're not going to be able to get a deal without it. >> reporter: republicans want smaller tax increases overall and no movement on higher income tax rates. they want to cut unnamed tax bre breaks and deductions, which they say will do more to boost economic growth. the white house considers the proposal and economic rationale behind it laughable. >> we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> reporter: republicans answered back ba-humbug. >> this is absolutely not serious and the admi
house speaker boehner's countdown led to the lighting of the capitol hill christmas tree last night. >> three, two, one. >> reporter: but washington is counting down this month to the dark unknown of the fiscal cliff. >> thanks for having me. >> reporter: on his first view sbr interview on the fiscal cliff, he rejected john boehner's proposal. >> unfortunately the speaker's proposal is out of balance. >> reporter: raising taxes on households earning more than...
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. >> reporter: saturday light live sub jested that republican ras bullying boehner in the cafeteria. >> he didn't have any milk to drink because -- well, tell them why, john. >> they had taken my milk and thrown it in the garbage doctor they make any progress at the white house? both sides very tight lipped. in fact, they released the same statement world for word, very quiet. david? >> thank you. >>> wall street also watching as both sides inch to the fiscal cliff. not only are your taxes in the balance so are the 401ks. and today, ood holiday bonus, gas prices. we bring in bianna golodryga. you look at gas prices. write on pace to set a record. >> the average american household is expected to spend $4,000 a year on gasoline alone. and gas at 3.93 a gallon and today, take a look at this, $3.35 and by miscase time, estimates we will see 3.20. a lot has to do with post sandy. the supply is back up and the hope is that consumers will take the money and spend it shopping. >> that is the hope. and jobs number, better than expected. unemployment now to 7.7%. and bianna, people watching to
. >> reporter: saturday light live sub jested that republican ras bullying boehner in the cafeteria. >> he didn't have any milk to drink because -- well, tell them why, john. >> they had taken my milk and thrown it in the garbage doctor they make any progress at the white house? both sides very tight lipped. in fact, they released the same statement world for word, very quiet. david? >> thank you. >>> wall street also watching as both sides inch to the fiscal...
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we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key guys. he can only go so far. i would guess that they're the ones holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything you say
we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key...